2 weeks Ago By Defense World Staff
Cerity Partners LLC cut its holdings in Cushman & Wakefield plc ( NYSE:CWK – Free Report ) by 31.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,530 shares of the company’s stock after selling 7,738 shares during the quarter.
Cerity Partners LLC’s holdings in Cushman & Wakefield were worth $223,000 as of its most recent SEC filing. Several other institutional investors also recently modified their holdings of CWK. JPMorgan Chase & Co.
grew its holdings in Cushman & Wakefield by 6.3% in the fourth quarter. JPMorgan Chase & Co.
now owns 13,700,599 shares of the company’s stock worth $179,204,000 after purchasing an additional 806,684 shares during the period. Vaughan Nelson Investment Management L.P.
boosted its position in shares of Cushman & Wakefield by 9.6% in the 4th quarter. Vaughan Nelson Investment Management L.
P. now owns 12,474,380 shares of the company’s stock worth $163,164,000 after purchasing an additional 1,094,260 shares in the last quarter. Channing Capital Management LLC purchased a new stake in shares of Cushman & Wakefield in the 4th quarter worth approximately $61,732,000.
Charles Schwab Investment Management Inc. grew its stake in shares of Cushman & Wakefield by 1.3% in the 4th quarter.
Charles Schwab Investment Management Inc. now owns 4,027,744 shares of the company’s stock worth $52,683,000 after buying an additional 52,178 shares during the last quarter. Finally, Norges Bank bought a new position in Cushman & Wakefield during the 4th quarter valued at approximately $38,720,000.
95.56% of the stock is currently owned by institutional investors. Wall Street Analysts Forecast Growth Several equities research analysts have commented on CWK shares.
The Goldman Sachs Group dropped their target price on Cushman & Wakefield from $13.00 to $11.50 and set a “sell” rating on the stock in a report on Wednesday, March 19th.
UBS Group cut their price objective on shares of Cushman & Wakefield from $14.00 to $9.00 and set a “neutral” rating on the stock in a research report on Friday, April 11th.
Jefferies Financial Group lowered shares of Cushman & Wakefield from a “buy” rating to a “hold” rating and reduced their price objective for the company from $18.00 to $14.00 in a research note on Thursday, January 2nd.
Morgan Stanley dropped their target price on shares of Cushman & Wakefield from $15.00 to $14.00 and set an “overweight” rating on the stock in a research note on Thursday.
Finally, JPMorgan Chase & Co. reduced their price target on shares of Cushman & Wakefield from $17.00 to $14.
00 and set a “neutral” rating for the company in a research report on Thursday, April 10th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $12.
93. Cushman & Wakefield Stock Performance Shares of CWK stock opened at $8.95 on Friday.
The firm has a market capitalization of $2.06 billion, a PE ratio of 16.27 and a beta of 1.
26. The company has a 50 day moving average price of $10.18 and a 200-day moving average price of $12.
45. Cushman & Wakefield plc has a 52 week low of $7.64 and a 52 week high of $16.
11. The company has a quick ratio of 1.18, a current ratio of 1.
15 and a debt-to-equity ratio of 1.67. Cushman & Wakefield ( NYSE:CWK – Get Free Report ) last announced its earnings results on Thursday, February 20th.
The company reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.
03. The business had revenue of $2.63 billion during the quarter, compared to analyst estimates of $2.
67 billion. Cushman & Wakefield had a net margin of 1.39% and a return on equity of 12.
62%. As a group, equities research analysts expect that Cushman & Wakefield plc will post 1.2 earnings per share for the current year.
About Cushman & Wakefield ( Free Report ) Cushman & Wakefield Plc engages in the provision of commercial real estate services. It operates through the following geographical segments: Americas, Europe, Middle East and Africa (EMEA), and Asia Pacific (APAC). The Americas segment consists of operations located in the United States, Canada and key markets in Latin America.
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